Anonylz
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December 12, 2021, 04:22:37 PM |
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Before making such an advance step to manage funds it must mean you have quite a good amount of money, because hiring someone to manage your funds and assets is not cheap, and if you don't have such an amount yet then why bother, I think this suggestion is for certain level of people and not the average people. In any case, I think I can manage my funds just fine for now.
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bekti3
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December 12, 2021, 04:28:22 PM |
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in this case I prefer to manage my own finances rather than being helped by others. maybe for some people this is a profitable thing but not for me. I really need help in terms of financial management which is still a scourge for me because sometimes there are moments that get me when I am emotional in trading or investing. but entrusting to others I don't think I need to do that. talking about knowing the right and right ways in investing can actually be done when we have the will but managing finances by other people I personally don't want that
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Silberman
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December 12, 2021, 06:01:31 PM |
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First thing is find someone from your social circle who knows how to manage investments stock market crypto and gold...forex and he or she have some skills and quite stable history of growing profit [...]
Also a great way to lose friends while losing money. Want to invest in... ...cryptocurrency? Buy a hardware wallet and get yourself some Bitcoin. ...stocks? Find a cheap non-shitty broker (ie. not Robinhood) and invest in a low-fee ETF that tracks a broad index like the S&P 500. ...bonds? Might just as well stay in cash. ...forex? Not an investment unless you reside in the likes of Venezuela or Turkey. ...gold? Just get gold, I guess? Agreed, it is better to keep our money and our friends apart as this only creates problems over the long run and ruins a perfectly fine friendship. And about investing, money managers make it seem more complicated than what it really is, why? Because they need us to make their own profits, anyone that knows enough about the economy to understand the fiat system is a scam can put together a simple and effective investment plan, as long as they are willing to buy and hold good assets for decades, but obviously money managers do not want people to know that.
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Gozie51
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December 12, 2021, 06:02:45 PM Last edit: December 12, 2021, 06:15:15 PM by Gozie51 |
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Thats just a another simple ways to become wealthy ...our schools are quite useless they really dont tell you how you should do things proper ways.
This is true that school does not teach how to get rich. So can magnify the inbuilt knowledge in someone and get you ready to utilize what nature has deposited in you. look for those who knows about finances as instutional rules wall street and can do good portfolio management and who knows about risk managent. Look for those contacts give them funds to manage or get financial advice and you will see your wealth situation will going better step by step.
I think that risk management is not only when you reduce your risk but also entails diversification of our investment. So looking for advise on investment diversification is part of the knowledge we need. Buying coins and hodling isn't just investment but also staking our investment help us receive profit from different angle.
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Oceat
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December 12, 2021, 06:50:12 PM |
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It's hard to find a trusted friend or fund manager nowadays since this era is different than the past but if you have someone that you can trust, you are lucky. Anyway, if your point is someone needs to manage someone's property/assets/funds so that they could maximize their profit then I think there's no point of learning something in crypto market if you could just simply hire someone when infact you could just do it all by yourself.
Why hire someone if you could do it and own the money you're supposed to pay for someone to handle your account. Plus it's not safe to let someone trust your funds cause anytime they could just run it away from you or worst do some bad things to you.
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3996
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pieppiep
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December 12, 2021, 07:01:40 PM |
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Before making such an advance step to manage funds it must mean you have quite a good amount of money, because hiring someone to manage your funds and assets is not cheap, and if you don't have such an amount yet then why bother, I think this suggestion is for certain level of people and not the average people. In any case, I think I can manage my funds just fine for now.
We do not know if that person can be trusted or will betray us and run away with our money. If we can learn to manage our money, we do not need to hire someone to manage our funds so we can save the money for other things. Most people out there do not hire someone to manage their funds instead of trying their best to do that because they need that money for their lives. I also trying to manage my funds and want to learn how to manage them right.
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habebe
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December 12, 2021, 07:38:29 PM |
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For me, if you can trust someone you don't need to look for someone to manage your assets if you trust only in ourselves to go investing. since we don’t know the risky is until then, be sure not to trust anyone. in what i saying You can manage your own assets and investments with our own diligence no need to look for a partner. All we have to do is study hard to get real success on our own and find out before you enter into any crypto entry or an investment, or even any type of investment, need to be sure and need to be learned before participating.
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passwordnow
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December 12, 2021, 09:28:50 PM |
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My money, my own rule. Why would you let someone manage your funds for you? You don't have time? Well, this applies to those companies that can't manage their investments. But if you alone are the one who has that investment, why are you going to do the same as theirs if you can do it alone? There's a possibility that the profits you've made will just go to the fee of the fund manager. It's better to acquire experience, failure and wins with your own handling skills.
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EdenHazard
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December 12, 2021, 10:38:21 PM |
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...forex? Not an investment unless you reside in the likes of Venezuela or Turkey.
May I ask what do you mean by this? That foreign fiat currencies are not really an investment, except maybe for cases where your local currency has been heavily hit by inflation. There's also forex trading, of course, but that's a wholly different beast. Ah, okey. Thank you for your explanation I wanted to know what you meant. I am from Venezuela. I thought you went sarcasm lol but you really do not know what that means . for real are you just okay , fine living in there at venezuela ? it's like nothing really big happening there in your place as you didnt even realize that sarcasm. My money, my own rule. Why would you let someone manage your funds for you? You don't have time? Well, this applies to those companies that can't manage their investments. But if you alone are the one who has that investment, why are you going to do the same as theirs if you can do it alone? There's a possibility that the profits you've made will just go to the fee of the fund manager. It's better to acquire experience, failure and wins with your own handling skills.
It could be a desperate guy that dont know how to manage money and fear of the risk managing it alone. where actually it's riskier to hire a fund manager for you lol
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Hispo
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Leading Crypto Sports Betting & Casino Platform
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December 12, 2021, 10:44:19 PM |
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...forex? Not an investment unless you reside in the likes of Venezuela or Turkey.
May I ask what do you mean by this? That foreign fiat currencies are not really an investment, except maybe for cases where your local currency has been heavily hit by inflation. There's also forex trading, of course, but that's a wholly different beast. Ah, okey. Thank you for your explanation I wanted to know what you meant. I am from Venezuela. I thought you went sarcasm lol but you really do not know what that means . for real are you just okay , fine living in there at venezuela ? it's like nothing really big happening there in your place as you didnt even realize that sarcasm. My money, my own rule. Why would you let someone manage your funds for you? You don't have time? Well, this applies to those companies that can't manage their investments. But if you alone are the one who has that investment, why are you going to do the same as theirs if you can do it alone? There's a possibility that the profits you've made will just go to the fee of the fund manager. It's better to acquire experience, failure and wins with your own handling skills.
It could be a desperate guy that dont know how to manage money and fear of the risk managing it alone. where actually it's riskier to hire a fund manager for you lol Life here is not easy, I can't complaint I have done worse before, but because the whole situation here, all honest people has lost something: houses, family members, money, health, time and even lifes have been lost. I am not an expection, but my situation is not as bad as used to be for now.
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passwordnow
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December 13, 2021, 01:46:19 AM |
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My money, my own rule. Why would you let someone manage your funds for you? You don't have time? Well, this applies to those companies that can't manage their investments. But if you alone are the one who has that investment, why are you going to do the same as theirs if you can do it alone? There's a possibility that the profits you've made will just go to the fee of the fund manager. It's better to acquire experience, failure and wins with your own handling skills.
It could be a desperate guy that dont know how to manage money and fear of the risk managing it alone. where actually it's riskier to hire a fund manager for you lol I don't think that guy is desperate, if he wants to do it then he's free to do that. But before doing so, why does he should try it on his own? Where he has the authority to his money wherever he's going to invest on it. As the same rule applies, it's his money and we don't know what's with his reasoning. But if he hasn't tried to manage it on his own, he should give it a try before proceeding to the plan of getting a fund manager. Well, he probably doesn't also know how it cost to hire a fund manager.
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sirminesalot
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December 13, 2021, 03:17:28 AM |
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My money, my own rule. Why would you let someone manage your funds for you? You don't have time? Well, this applies to those companies that can't manage their investments. But if you alone are the one who has that investment, why are you going to do the same as theirs if you can do it alone? There's a possibility that the profits you've made will just go to the fee of the fund manager. It's better to acquire experience, failure and wins with your own handling skills.
It depends on how big your investment is, if you are just invest on one investment instrument like crypto then you don't need any financial manager or advisor. But for the people who has a lot of investment instrument in different sectors, to manage and analyze the investment i think we need at least one personal investment manager or analyst to help us to make decision what best to do in the future. Having a manager doesn't mean we passed the privelege to the manager to do anything without our acceptance, they will just giving a suggestion what best and the final decision is still with the owner.
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globalpain
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December 13, 2021, 03:54:05 AM |
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My money, my own rule. Why would you let someone manage your funds for you? You don't have time? Well, this applies to those companies that can't manage their investments. But if you alone are the one who has that investment, why are you going to do the same as theirs if you can do it alone? There's a possibility that the profits you've made will just go to the fee of the fund manager. It's better to acquire experience, failure and wins with your own handling skills.
It depends on how big your investment is, if you are just invest on one investment instrument like crypto then you don't need any financial manager or advisor. But for the people who has a lot of investment instrument in different sectors, to manage and analyze the investment i think we need at least one personal investment manager or analyst to help us to make decision what best to do in the future. Having a manager doesn't mean we passed the privelege to the manager to do anything without our acceptance, they will just giving a suggestion what best and the final decision is still with the owner. The funds needed to hire a manager, I think, are not small, for sure, so before that we have to consider whether we really need a manager or not. and that again depends on everyone's needs because I'm sure not everyone needs a manager
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RealMalatesta
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December 13, 2021, 11:52:04 AM |
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Dont try to invest and learn hard ways with ur own money let everybody do their own thing let the someone who got all ready those experinces of loss will use his experince for your advanced.
Thats just a another simple ways to become wealthy ...our schools are quite useless they really dont tell you how you should do things proper ways.
I don't get why would I need to trust someone else with my finances? I mean am I so inept with economy that I would not be able to manage it myself? Plus am I even rich enough to require a fund manager? I would say that in the world of crypto, saying that you need a fund manager is the most futile attempt I have ever seen to defend investment banks. We are in crypto, I can simply buy bitcoin with whatever money I have left at the end of every month and that would be fine, I do not need some other person in suits telling me what I should be investing into for some commissions, they are just out there to make money for themselves and do not care about what you do, as long as you trade with them they are happy.
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Kimonoe
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December 13, 2021, 12:21:18 PM |
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My money, my own rule. Why would you let someone manage your funds for you? You don't have time? Well, this applies to those companies that can't manage their investments. But if you alone are the one who has that investment, why are you going to do the same as theirs if you can do it alone? There's a possibility that the profits you've made will just go to the fee of the fund manager. It's better to acquire experience, failure and wins with your own handling skills.
It depends on how big your investment is, if you are just invest on one investment instrument like crypto then you don't need any financial manager or advisor. But for the people who has a lot of investment instrument in different sectors, to manage and analyze the investment i think we need at least one personal investment manager or analyst to help us to make decision what best to do in the future. Having a manager doesn't mean we passed the privelege to the manager to do anything without our acceptance, they will just giving a suggestion what best and the final decision is still with the owner. The funds needed to hire a manager, I think, are not small, for sure, so before that we have to consider whether we really need a manager or not. and that again depends on everyone's needs because I'm sure not everyone needs a manager a financial manager would be very useful for large companies that require structured financial management, but personally I don't think it's necessary for someone like me. actually we can understand what to do, but sometimes we can't resist the urge, even though it's not really needed, so there is an increase in expenses, and if this continues it will have a bad impact
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Voxo2222 (OP)
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December 13, 2021, 12:38:45 PM |
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My money, my own rule. Why would you let someone manage your funds for you? You don't have time? Well, this applies to those companies that can't manage their investments. But if you alone are the one who has that investment, why are you going to do the same as theirs if you can do it alone? There's a possibility that the profits you've made will just go to the fee of the fund manager. It's better to acquire experience, failure and wins with your own handling skills.
It depends on how big your investment is, if you are just invest on one investment instrument like crypto then you don't need any financial manager or advisor. But for the people who has a lot of investment instrument in different sectors, to manage and analyze the investment i think we need at least one personal investment manager or analyst to help us to make decision what best to do in the future. Having a manager doesn't mean we passed the privelege to the manager to do anything without our acceptance, they will just giving a suggestion what best and the final decision is still with the owner. The funds needed to hire a manager, I think, are not small, for sure, so before that we have to consider whether we really need a manager or not. and that again depends on everyone's needs because I'm sure not everyone needs a manager a financial manager would be very useful for large companies that require structured financial management, but personally I don't think it's necessary for someone like me. actually we can understand what to do, but sometimes we can't resist the urge, even though it's not really needed, so there is an increase in expenses, and if this continues it will have a bad impact If u dont want to be poor then do the same as rich does it Poor community need to come together and find financial manager
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HeRetiK
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December 13, 2021, 03:49:32 PM |
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Life here is not easy, I can't complaint I have done worse before, but because the whole situation here, all honest people has lost something: houses, family members, money, health, time and even lifes have been lost.
I am not an expection, but my situation is not as bad as used to be for now.
Stay safe and take care! If u dont want to be poor then do the same as rich does it Poor community need to come together and find financial manager
You want to know how the rich do it? By starting off rich. If they didn't start off rich, they became rich by either working as highly trained professionals or by starting a business. If you're low income, no financial manager in the world can make you rich. They can only make false promises about making you rich and will most likely enrich themselves with what little you have. The only person that can make you wealthy is yourself. And even then you need luck. However not falling for scams or shady financial advisors is already half the battle.
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bosede1
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December 13, 2021, 03:55:16 PM |
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I know that to be financially balance you need someone who will curb you of your excesses especially in spending. For instance, I do participate in signature campaign and once I get paid the next thing on my mind will be to cash out but my mentor sometimes will bring me to reality that you don't eat with ten fingers.
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fullhdpixel
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December 13, 2021, 06:30:05 PM |
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Dont try to invest and learn hard ways with ur own money let everybody do their own thing let the someone who got all ready those experinces of loss will use his experince for your advanced.
Thats just a another simple ways to become wealthy ...our schools are quite useless they really dont tell you how you should do things proper ways.
You don’t learn how to become rich or how to make money in schools. Schools are only going to teach you how you can study and get a job to work under someone. Although that is kind of changing this time since there are now schools that are now teaching their students on entrepreneurship, although these entrepreneurship studies are mainly developing skill based jobs so that students can be able to start up a business of their own which is quite, but I think they should add investment into it and start teaching them about investment and trading, such stocks and cryptocurrency, so that students can have an idea on what all these things are all about before they are old enough to start them.
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iv4n
Legendary
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December 14, 2021, 07:43:14 PM |
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If u dont want to be poor then do the same as rich does it Poor community need to come together and find financial manager
I think of it pretty simply, rich people can always pay others to do their job, whatever the job is... but on the other side ordinary people have to do many things by themselves, simply we can't pay for everything, we don't have enough! And I am sure that with "help", any kind of help, it's always easier... I agree with you that with the group everything can be done better, a strong community that is ready to sacrifice some things to achieve more in life will have more chances for achieving that will be in great advantage over individuals! But forming a strong group is not so easy as it sounds! Becoming rich sometimes has its own price... people should think about that as well!
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